GLOSSARY

Understand the language of building a business.

Plain-language explanations of startup, growth and funding terms, with useful next steps.

Startup glossary

What is an ideal customer profile?

An ideal customer profile defines who fits your offer. Learn how problems, buying triggers, evidence, and exclusions make it useful.

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Startup glossary

What is a minimum viable product?

Understand what an MVP tests, how to scope one complete customer task, and why launching a product does not establish customer value.

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Startup glossary

What is product-market fit?

Understand product-market fit through sustained demand, customer behavior, repeatability, and the limits of any single metric.

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Startup glossary

What is a go-to-market strategy?

A go-to-market strategy connects the customer, offer, buying process, and delivery. Learn what belongs in a practical plan.

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Startup glossary

What is startup runway?

Learn the basic startup runway calculation, the assumptions behind it, and why changing cash flows require more than a simple estimate.

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Startup glossary

What is funding readiness?

Funding readiness means being prepared to explain a business and support its claims. It does not predict a funding decision.

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Startup glossary

What is a startup accelerator?

Understand startup accelerator support, why programs differ, and what to check before choosing or applying to a program.

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Startup glossary

What is a startup incubator?

Understand startup incubator support, early venture resources, and the questions that help you assess whether an offer fits.

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Startup glossary

What does a startup mentor do?

A startup mentor helps a founder examine a decision using relevant experience. Learn how to make the relationship and next action clear.

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Startup glossary

What is startup traction?

Startup traction is evidence of meaningful customer action. Learn how to distinguish interest, adoption, payment, and repeat behavior.

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Startup glossary

What are unit economics?

Unit economics describe revenue and costs for a chosen business unit. Clear definitions and assumptions make the analysis useful.

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Startup glossary

What is a proof of concept?

A proof of concept tests feasibility under stated conditions. Learn how to define its scope and avoid overstating what it demonstrates.

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